Wex, Inc. (WEX) Announces Increased $1.05B Share Buyback
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WEX Board of Directors Authorizes Increased Share Repurchase Program
February 15, 2024 9:01 AM ESTAmended Program Authorizes Repurchase of $1.05 Billion Worth of Company Stock, Increasing Total by $400 Million
PORTLAND, Maine--(BUSINESS WIRE)-- WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its board of directors has authorized an amended share repurchase program under which up to an additional $400 million worth of WEXs common stock may be repurchased, expanding the total authorization to $1.05 billion.
The share repurchase program, first announced in August 2022 and amended in October 2022, previously authorized the Company to repurchase up to $650... More
